Multiple Choice
Statement I: Most economists support the concept of free trade.
Statement II: The NAFTA and GATT agreements placed substantial barriers in the way of free trade.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Correct Answer:
Verified
Correct Answer:
Verified
Q94: Our most important trading partner is _.
Q95: Recently we have run a _ balance
Q96: The establishment of the NAFTA agreement<br>A)was supported
Q97: Mexico sends the United States over _
Q98: Statement I: Mexico sends over 80 percent
Q100: Between 2007 and 2009 our trade deficit<br>A)fell
Q101: Congress has ratified<br>A)both NAFTA and GATT.<br>B)neither NAFTA
Q102: The 500,000 foreign students in our universities
Q103: Net exports became negative in the<br>A)1930s.<br>B)1950s.<br>C)1970s.<br>D)1990s.
Q104: Adam Smith believed that<br>A)people should never buy